Bank Danamon

PT Bank Danamon Indonesia Tbk.

Type	Public
Traded as	IDX: BDMN
Industry	Financial Services
Founded	July 16, 1956 (1956-07-16)
Headquarters	Jakarta, Indonesia
Key people	Sng seow wah, President Director
Parent	Temasek Holdings
Website	www.danamon.co.id

PT Bank Danamon Indonesia Tbk. is an Indonesian bank established in 1956. It is the sixth largest bank of Indonesia by asset size.^[1]

History

Bank Danamon was established on July 16, 1956 under the name of PT Bank Kopra Indonesia. In 1976 the bank's name was changed to PT Bank Danamon Indonesia. Bank became the first bank that pioneered the exchange of foreign currency in 1976 and listed its shares on the stock exchange since 1989.

In 1997, as a result of the financial crisis in Asia, the Bank's liquidity problems and finally by the government is placed under the supervision of IBRA or Indonesian Bank Restructuring Agency (in English known as IBRA) as the Bank foreclosed Government (BTO - Bank Take Over). In 1999, the government through IBRA, recapitalized the Bank amounting to Rp 32 billion in Government Bonds (Government Bonds). In the same year, some banks BTO eventually merged into one with Bank Danamon as one part of a restructuring plan IBRA.

In 2000, Bank Danamon again spread its wings to become the main bank in the merger of eight other BTO Bank. At this time the Bank began to emerge as one of the economic pillars in Indonesia.

In the next 3 years, the Bank experienced a massive restructuring ranging from the fields of management, human resources, organization, information systems, statutes and company logos. Endeavor to do this eventually fruitful results in forming the foundation and infrastructure for the Bank in its aim to achieve maximum growth based on transparency of work, responsibility to society, integrity as one of the economic pillars in Indonesia and professional attitude in carrying out its duties regarded as one bank the Indonesia (or better known as TRIP).

In 2003, the Bank was taken over majority ownership of its shares by a consortium of Asia Finance Indonesia --- under the control of Temasek Holdings. With the presence of the new management, the stylist dicanangkanlah replicates the business model and business strategy of the Bank in its efforts to continue to make a total change in the design that has been designed to make the Bank as one of the leading national bank in Indonesia and the bank a major player in the Asian region.

Since 2008, Bank Danamon which was then known as the Bank began to mobilize the people of Indonesia through the campaign "Untuk Anda, Bisa" ("For You, Can").

Slogans

1980-1997: Mitra Perbankan Terpercaya
1997-2001: Untuk Anda
2001-2002: Tumbuh Bersama Kepercayaan Anda
2002-2008: Percaya pada Keyakinan Anda
2008-present: Untuk Anda, Bisa

Subsidiaries

PT Adira Dinamika Multi Finance Tbk (Adira Finance)
PT Asuransi Adira Dinamika (Adira Insurance)
PT Adira Quantum Multifinance (Adira Kredit)

References

↑ "Indonesia-Investments.com:Bank Danamon company profile". April 1, 2014.

External links

Banks in Indonesia

Central bank: Bank Indonesia

Conventional banks

State-owned banks	Bank Mandiri Bank Negara Indonesia Bank Rakyat Indonesia Bank Tabungan Negara

National private foreign exchange banks	Bank Agroniaga Bank Anda Bank Artha Graha Internasional Bank Bukopin Bank Bumi Arta Bank Capital Indonesia Bank Central Asia Bank CIMB Niaga Bank Danamon Bank Ekonomi Raharja Bank Ganesha Bank Hana Bank Himpunan Saudara 1906 Bank ICB Bumiputera Bank ICBC Indonesia Bank Index Selindo Bank Maybank Indonesia Bank Maspion Bank Mayapada Bank Mega Bank Mestika Dharma Bank Metro Express Mutiara Bank Bank Nusantara Parahyangan Bank OCBC NISP Bank of India Indonesia Panin Bank Bank Permata Bank QNB Kesawan Bank SBI Indonesia Bank Sinarmas Bank UOB Indonesia

National private non-foreign exchange banks	Anglomas Internasional Bank Bank Andara Bank Artos Indonesia Bank Bisnis Internasional Centratama Nasional Bank Bank Dipo International Bank Fama Internasional Bank Harda Internasional Bank Ina Perdana Bank Jasa Jakarta Bank Kesejahteraan Ekonomi Bank Liman International Bank Mayora Bank Mitraniaga Bank Multi Arta Sentosa Bank Nationalnobu Prima Master Bank Bank Pundi Indonesia Bank Royal Indonesia Bank Sahabat Purba Danarta Bank Sinar Harapan Bali Bank Tabungan Pensiunan Nasional Bank Victoria Internasional Bank Yudha Bhakti

Regional banks	Bank Jambi Bank Kalsel Bank Kaltim Bank Sultra Bank BPD DIY Bank Nagari Bank DKI Bank Lampung Bank Kalteng Bank BPD Aceh Bank Sulsel Bank BJB Bank Kalbar Bank Maluku Bank Bengkulu Bank Jateng Bank Jatim Bank NTB Bank NTT Bank Sulteng Bank Sulut Bank BPD Bali Bank Papua Bank Riau Kepri Bank Sumsel Babel Bank Sumut

Joint-venture banks	Bank ANZ Indonesia Bank Commonwealth Bank Agris Bank BNP Paribas Indonesia Bank Capital Indonesia Bank Chinatrust Indonesia Bank DBS Indonesia Bank KEB Indonesia Bank Mizuho Indonesia Bank Rabobank International Indonesia Bank Resona Perdania Bank Sumitomo Mitsui Indonesia Bank Windu Kentjana International Bank Woori Indonesia

Foreign banks	Bank of America Bangkok Bank Bank of China Citibank Deutsche Bank HSBC JPMorgan Chase Royal Bank of Scotland Standard Chartered Bank of Tokyo-Mitsubishi UFJ

Sharia banks

State-owned banks	Bank BNI Syariah Bank Muamalat Bank Syariah Mandiri

National private foreign exchange banks	BCA Syariah Bank BJB Syariah Bank BRI Syariah Bank Mega Syariah Panin Bank Syariah Bank Syariah Bukopin Bank Victoria Syariah

Joint-venture banks	Bank Maybank Syariah Indonesia

Sharia business units of conventional banks

State-owned banks	Bank BTN Syariah

National private foreign exchange banks	Bank Danamon Syariah CIMB Niaga Syariah BII Syariah OCBC NISP Syariah Bank Permata Syariah

Regional banks	Bank BPD Aceh Syariah Bank BJB Syariah Bank DKI Syariah Bank Kalbar Syariah Bank Kalsel Syariah Bank NTB Syariah Bank Riau Kepri Syariah Bank Sumsel Babel Syariah Bank Sumut Syariah

Foreign banks	HSBC Amanah

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